http://www.fxstreet.com/technical/market-view/daily-analysis/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/market-view/daily-analysis/2011-01-14.htmlDollar declined yesterday against the main currencies, while market had many reasons for a new moves. Euro rose sharply against the Dollar and now trading at the current level of 1.3410 due to a European Central Bank comment after it held his interest rate unchanged at 1.00%. ECB President Jean-Claude Trichet said that monetary policy remains “appropriate” as the Euro Zone showing an unstable economic recovery and they do not expect to increase interest rate at least till the end of first 6Fri, 14 Jan 2011 11:36:16 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2011-01-14.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2011-01-13.htmlDuring day trade yesterday, dropped US Dollar against the main currencies and now trading at 1.3130 against the Euro, at 1.5750 against the sterling and at 83.00 against the Japanese Yen. In the last days we are aware of dipper bearish correction of a Dollar against the Sterling and the Euro following European policy maker’s yesterday fight against the latest financial crisis by selling Portuguese bonds for 2020 at a production of 6.716%. At the same time, US economic indicators didn’t provideThu, 13 Jan 2011 10:55:14 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2011-01-13.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2011-01-12.htmlUS Dollar continue his bearish correction against the Euro and the British Pounds and now trading around 1.3000 against the Euro, around levels of 1.5630 against the sterling and around 83.10 against the Japanese Yen. Although we would like to see a clear reasons for this break in last Dollar hiking, the only reason we can find is a technical correction before important economic indicator during the trading day tomorrow. ECB decision regarding the interest rate in Euro Zone tomorrow can placeWed, 12 Jan 2011 06:57:21 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2011-01-12.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2011-01-11.htmlA small bearish correction that we expected started from the middle of a trading day yesterday and now trading EUR/USD at 1.2940, GBP/USD at 1.5550 and USD/JPY at 83.10. As more traders coming back to the market after long end of the year holidays, we see that volatility and liquidity start to establish a normal form, but unusual liquidity conditions still can influent on the market moves and to cause high and unexpected volatility. The main trend of the US Dollar it is up but short takeTue, 11 Jan 2011 11:12:26 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2011-01-11.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2011-01-10.htmlGreenback is continuing his straightening against the Euro to the current level of 1.2910. On Friday, labor data report showed that Non Payrolls increased by 103K new jobs only in December instead of market expectations to150,000 new jobs. But US currency did not lose the power as U.S. unemployment rate decreased to a lowest level from August 2009 – 9.4%. ECB decision regarding the interest rate in Euro Zone later this week might place a fresh data to the market. On a last meeting EuropeanMon, 10 Jan 2011 10:32:36 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2011-01-10.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2011-01-07.htmlGreenback continued his rally against the main currencies and now trading around 1.2990 against the Euro, around 83.50 against the Japanese Yen and around 1.5430 against the Sterling. Today traders will be getting ready to U.S. nonfarm payrolls report, which will be released at 13:30 GMT. Market expecting payrolls to jump to 150K new jobs in December, highest increase since October. Although market has bullish momentum towards US Dollar, traders will need to see more support from US economicFri, 07 Jan 2011 09:54:27 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2011-01-07.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2011-01-06.htmlThe US Dollar rallied against the main currencies due to the surprised increase in a privet labor market. Now trading EUR/USD at 1.3130, USD/JPY at 83.10 and GBP/USD at 1.5530. ADP employment change report showed increase of 196k above the market expectation to 297k new jobs and can be a good preparation to what we are expecting to see tomorrow on a realize of US Non-Farm Payrolls. Continuation of positive flow from employment sector and other improvement factors of American economy canThu, 06 Jan 2011 13:04:57 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2011-01-06.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2011-01-05.htmlYesterday jumped the greenback against most of the currency pairs except the sterling as a new US economic outlook start to be more attractive. US factory orders wrote an increase of 0.7% in November while market expectations reflect increase only of 0.1% and -0.7% in October. Now trading EUR/USD at 1.3260, GBP/USD at 1.5580 and USD/JPY at 82.00. FOMC December meeting minutes stated yesterday that although we do see a slow improvement in American market but these indicators are not strongWed, 05 Jan 2011 10:31:26 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2011-01-05.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2011-01-04.htmlFrom yesterday strengthened Greenback against the Japanese Yen but decline a bit against the Euro and the Sterling. Now EUR/USD trading at 1.3350, USD/JPY at 82.20 and GBP/USD at 1.5520. US ISM manufacturing index published yesterday at 57 points-showing growing sentiment in recent months but did not reflect a real influent on the market. Today will focus traders on a US FOMC Meeting Minutes at 19:00 GMT – while positive sentiment can give a new push to a Dollar. Before that, a surprisedTue, 04 Jan 2011 09:53:00 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2011-01-04.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2011-01-03.htmlA New Year trading week started with a strengthening of a greenback but overall from the end of 2010 US Dollar weakened against most of the currencies on end of the year take profits. Now trading EUR/USD at 1.3280, USD/JPY at 81.30 and GBP/USD at 1.5485. While most of the trading world is still waking up from long celebrations, this week hoping traders to receive new and positive news from US economy, when markets will be focusing on release of US ISM Manufacturing index today at 15:00 GMT,Mon, 03 Jan 2011 11:36:57 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2011-01-03.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-31.htmlToday's Economic EventsFri, 31 Dec 2010 08:08:16 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-31.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-30.htmlLow liquidity helped to push Dollar lower against the main currencies. Now trading Dollar at 1.3230 against the EUR, at 1.5500 against the sterling and at 81.50 against the Japanese Yen. With a lack of important economic indicators this time of the year, the remaining traders in the markets will be take a short take profits approach mainly on a technical levels. Technical Levels EUR/USD A pair back to trade in range of 1.3360 and 1.3080 and its looks like this range will remain till the NewThu, 30 Dec 2010 10:43:45 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-30.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-24.htmlToday's Economic EventsFri, 24 Dec 2010 08:51:48 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-24.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-23.htmlWe saw a small decline of US Dollar during the trading day today and yesterday due to a profit taking for the in coming holidays long weekend but mainly against the Euro and the Cable. Now trading greenback at 1.3110 against the Euro, at 1.5390 against the sterling and at 83.00 against the Japanese yen. Investors is hoping to receive a new boost for a Dollar in order to take deeper profits from US Durable Goods Orders data expecting to be announced at 13:30 GMT, University of MichiganThu, 23 Dec 2010 08:53:47 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-23.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-22.htmlUS Dollar strengthening in very low market volatility against the main currencies and now trading at 1.3130 against the Euro, at 1.5460 against the sterling and at 83.70 against the Japanese Yen. Instability of the euro-zone (Ireland, Greece, Portugal, Spain possible credit cut and a bailout) encouraging new but short USD purchases while a new faith in US economy reinforcing traders moves. Traders will focus today on a release of a Bank of England Minutes for December at 09:30 GMT - expectingWed, 22 Dec 2010 09:09:05 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-22.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-21.htmlUS Dollar continued to trade in his high levels against the main currencies; around 1.3150 against Euro, around 1.5550 against sterling and around 83.70 against the Japanese Yen. Dollar is still with a bullish sentiment due to the Euro Zone debt problems and expectations of US interest hike in the future. Liquidity remains low as traders prefer to take short take profits while getting ready for a long holidays weekend. Economic calendar is empty today from important data, but traders thatTue, 21 Dec 2010 10:49:25 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-21.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-20.htmlUS Dollar started this trading week with a strengthening against the main currencies and now trading around 1.3160 against the Euro, at 1.5550 against the sterling and around 83.80 against the Japanese Yen. Look like market liquidity remains low and more and more traders is closing their positions before end of the year holidays, so sharp moves is a common action this time of the year. On the fundamental side seems like a increasing of a capital depth risk in Euro zone and new hopes for a USMon, 20 Dec 2010 11:16:54 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-20.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-17.htmlCurrencies back to trade in December range while a market behavior coordinating with the end of the year atmosphere. After reaching 1.3170 levels, EUR/USD is now trading again around 1.3300 levels, USD/JPY back to 84.00 and cable around 1.5630. US economic data was a support yesterday for the greenback but its look like a traders prefer not to take long positions at this stage and to use this range a bit more. US Philadelphia Fed Business conditions index came out on 24.3 in December, muchFri, 17 Dec 2010 09:05:58 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-17.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-16.htmlGreenback gain against the main currencies after Moody Investor Services announce about potential future downgrade of Spanish debt due to increasing need for future funding in the capital markets. Also, receiving US Dollar support from positive economic indicators this week, as traders start to think that continuation of positive data might be a good sign for future interest rate hike. Now trader Dollar at 1.3240 against the Euro, at 84.10 against the Yen and at 1.5590 against the sterling.Thu, 16 Dec 2010 09:04:39 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-16.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-15.htmlYesterday, received US dollar a support from the Federal Open Market Committee monetary policy statements while they are holding interest rate between 0 and 0.25 percent as expected. Government Policy makers stated that are keeping the plan to buy 600 billion Treasuries but said that inflation is still on her way down together with increasing in unemployment and this is what is preventing interest rate hikes. From the other site we start to see a small increase in US Retail Sales Index (PPI),Wed, 15 Dec 2010 10:22:35 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-15.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-14.htmlYesterday loss US Dollar against most of the major currencies but the trend that we see from beginning of December is still in game. Just strong breaking levels will proof us that we are out of the trend and it’s a time to sell Dollars. Also, there is very high risk for EUR correction down or if you like call it a take profits, while traders is not so excited to keep long positions close to the end of the year holidays. Now EUR/USD trading around 1.3450, around 83.40 against the yen and aroundTue, 14 Dec 2010 10:34:45 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-14.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-13.htmlIn the overall gained U.S. dollar against the main currencies but the range trade still in place. Now trader EUR/USD around 1.3205, GBP/USD at 1.5770 and USD/JPY at 84.30. This week is starting relatively quiet while a market getting ready to the end of the year sleep. Investors hopping to receive new signs from the FOMC which expecting to release some statements this Tuesday after the rate decision announcement and hopefully that a positive feedback will break a December range trade. Also, aMon, 13 Dec 2010 09:25:07 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-13.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-10.htmlEUR/USD is still trading in a range when a support of 1.3190 is supporting range trade. EURO is under pressure due to EU debt crisis. On a brake of this range (1.3190-1.3390), more traders will expect to see lower levels at 1.2970. A brake of 1.2970 will give us a clear sign for new shorts. But till then, use this range trend to buy on a failures of support and resistance with stops above or under of not more of 20 pips. While we are coming closer to the mid December, decline in liquidity,Fri, 10 Dec 2010 12:07:37 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-10.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-09.htmlThu, 09 Dec 2010 09:13:05 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-09.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-08.htmlWed, 08 Dec 2010 10:17:41 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-08.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-07.htmlTue, 07 Dec 2010 09:09:07 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-07.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-06.htmlMon, 06 Dec 2010 12:46:33 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-12-06.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-05-28.htmlThe British pound rose against the dollar on Thursday, tracking gains by the euro on the back of short-covering and after China soothed market concerns that it may be avoiding euro zone assets. The euro rose after a Chinese government official gave assurances that China remains committed to its long-standing goal of diversifying its foreign exchange reserves. Separately, the head of China's $300 billion sovereign wealth fund, China Investment Corp, told Xinhua news agency in an interview thatFri, 28 May 2010 13:03:47 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-05-28.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-05-27.htmlThe British pound trimmed losses versus the dollar on Wednesday, aided by a slight easing in risk aversion, while it held gains versus the euro as the single currency remained hampered by structural concerns. Sterling had slipped against the greenback in early trade as persistent signs of tighter liquidity in money markets jangled nerves, driving investors to the relative safety of the U.S. dollar. But a strong rally in European stocks, which traded up over 2 percent on the day, and signsThu, 27 May 2010 12:59:41 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-05-27.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-05-26.htmlThe British pound fell against the dollar on Tuesday, tracking the euro lower as money market jitters stemming from concerns about the European banking sector prompted investors to sell risky assets. The weekend takeover by Spain's central bank of savings bank CajaSur triggered a renewed wave of broad risk aversion, which also hit sterling. Analysts in Spain say the CajaSur rescue could be the first of several before mid-year but that they do not threaten the country's financial systemWed, 26 May 2010 13:16:45 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-05-26.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-05-25.htmlThe British pound rallied over 1 percent versus an ailing euro on Monday but lagged a broadly firmer U.S. dollar, which was supported on risk-aversion stemming from the single currency's weakness. The euro fell broadly, pulling back from gains last week, after the Spanish central bank's takeover of a savings bank added to jitters about debt problems in some of the weak euro zone countries. The pound showed little reaction to British finance minister George Osborne's announcing 6.25 billionTue, 25 May 2010 12:53:20 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-05-25.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-05-18.htmlThe euro hit its lowest level in more than four years against the dollar on concern European measures to reduce fiscal deficits will undermine global growth. The European Central Bank revealed details of how it would absorb excess liquidity from bond purchases, reducing investor concern that it would engage in a policy of quantitative easing. The yen and the greenback rose against most of their major counterparts. The euro may trade as high as $1.2485, as sellers were unable to sustain a breakTue, 18 May 2010 12:49:43 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-05-18.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-05-13.htmlSterling fell and gilts rallied on Wednesday after the Bank of England's UK inflation report was seen as more dovish than expected, offsetting a relief rally in the pound after a UK coalition government took shape. British inflation will fall below the Bank of England's 2 percent target even if interest rates stay at record lows and the new government does not put in place extra fiscal tightening, BoE forecasts showed on Wednesday. In its quarterly Inflation Report, the BoE said downside risksThu, 13 May 2010 13:35:42 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-05-13.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-05-12.htmlThe British pound remained jittery on Tuesday as Britain's main political parties scrambled to form a new government, erasing brief gains made after a surprise surge in UK industrial production data. However, the pound gained against a broadly weaker euro as initial optimism faded about the euro zone's $1 trillion package to support the euro zone announced Monday. British industrial production rose 2.0 percent on the month in March, its fastest monthly pace since July 2002, and beating marketWed, 12 May 2010 12:41:50 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-05-12.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-05-11.v02.htmlThe pound erased gains versus the euro as Prime Minister Gordon Brown said Liberal Democrat leader Nick Clegg will discuss allying with his Labour Party, scuttling speculation Clegg was near a deal with the Conservatives. Sterling pared its advance versus the dollar as Brown said he’s willing to resign as Labour leader so negotiations on a formal coalition government with Clegg’s party can progress. David Cameron’s Conservative Party has pledged to cut the U.K.’s record budget deficit fasterTue, 11 May 2010 13:41:07 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-05-11.v02.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-05-07.htmlThe British pound fell against the dollar on Thursday as the market awaited the outcome of the most closely contested general election in nearly two decades, while lower-than-expected UK services sector data also hurt the pound. Sterling fell below the psychological $1.50 level as some traders attempted to take out barriers, and investors pared back riskier assets on euro zone debt concerns. Latest opinion polls put the opposition Conservatives between six and nine percentage points ahead ofFri, 07 May 2010 12:35:46 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-05-07.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-05-06.htmlFear that a euro-zone debt crisis may spread beyond Greece knocked the euro below the key$1.29 level for the first time in more than a year on Wednesday and rattled bond markets in Portugal and Spain as anxious investors snapped up dollars. The euro dropped as low as $1.2805 earlier in the session, its weakest since March 2009, as German Chancellor Angela Merkel warned the debt crisis could spread in Europe if a 110 billion euro ($146.5 billion) Greece rescue plan does not succeed. "We're at aThu, 06 May 2010 13:05:29 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-05-06.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-05-05.htmlThe International Monetary Fund's executive board will meet on Sunday to act on Greece's request for a $40 billion standby arrangement, a fund spokesman said on Tuesday. The European Union and IMF have agreed on a bailout plan for the debt-strapped country, but the IMF's board must still approve its portion of it. The IMF's chief negotiator on Greece, Poul Thomsen, said last Sunday that it was fast-tracking financial aid for Greece and expected to release funds to it "very soon." The overallWed, 05 May 2010 12:51:22 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-05-05.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-04-30.htmlThe British pound edged up versus the dollar on Thursday, tracking gains in the euro after a pledge from European officials that debt aid for Greece would come soon quelled some jitters about euro zone credit risk. Gains in the pound were limited, however, and the UK currency hovered near a four-week low versus the dollar as signs a UK general election may result in a hung parliament heightened uncertainty about the next government. Analysts said sterling was largely taking its cue from theFri, 30 Apr 2010 13:03:47 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-04-30.htmlhttp://www.fxstreet.com/technical/market-view/daily-analysis/2010-04-29.htmlThe British pound fell on Wednesday as the risk of contagion from Greece's deepening crisis put the focus back on the UK's fiscal problems and on prospects that no political party will win a majority at next week's election. Analysts said the risk that a sovereign debt crisis could spread, after S&P cut Greece's ratings to junk status on Tuesday, was hitting the pound. The latest opinion polls in the UK continued to point to no one party gaining a majority at the general election on May 6.Thu, 29 Apr 2010 13:51:56 GMThttp://www.fxstreet.com/technical/market-view/support@finotec.com (Finotec Group Inc.)http://www.fxstreet.com/technical/market-view/daily-analysis/2010-04-29.html